Marketed: Berlin Resources Woodford Shale Opportunity
Berlin Resources has retained EnergyNet for the sale of working interest participation in McClain County, Oklahoma.
NOV Appoints Former Denbury CEO Chris Kendall to Board
NOV Inc. appointed former Denbury CEO Chris Kendall to its board, which has expanded to 11 directors.
Sources: LNG Pause Report Will Critique Sector on Prices, Environment
The Department of Energy study tied to the yearlong pause on LNG permits may be released as soon as Dec. 17.
TotalEnergies Sells Half of UK Gas Power Plant to Subsidiary of EPH
TotalEnergies acquired the power plant, called West Burton Energy, for US$473.4 million in June.
What’s Affecting Oil Prices This Week? (Dec. 16, 2024)
For the upcoming week, Stratas Advisors expect oil prices will move sideways with more downside risk than upside potential.
US Study Likely to Stop Short of Saying LNG Exports Not in Public Interest, Sources Say
(Reuters) – President Joe Biden’s administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said. Biden in January paused the Department of Energy’s approvals of …
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US Hits North Korea and Russia With New Sanctions, Treasury Says
(Reuters) – The United States hit North Korea and Russia on Monday with new sanctions that the Treasury Department said targeted Pyongyang’s financial activities and military support to Moscow. The sanctions, which list North Korean banks, generals and other officials as well as Russian oil shipping companies, are the latest U.S. measure aimed at disrupting …
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BP, ADNOC Investment Firm Launch NatGas-Focused JV
BP and ADNOC agreed to establish a new regional gas firm, Arcius Energy, to focus on developing Egyptian gas assets.
Utica’s Encino Adds Former Marathon Director to Board
Brent J. Smolik, who most recently served on Marathon Oil’s board until its merger with ConocoPhillips, will join Encino Acquisition Partners as a director.
Freehold Closes $182MM Acquisition of Midland Basin Interests
Freehold Royalties’ acquisition from a private seller includes around 1,300 boe/d of net production and 244,000 gross drilling acres largely operated by Exxon Mobil and Diamondback Energy.